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Presented by![]() Courtney Day |
Discover an exceptional opportunity in the heart of Coral Gables with this versatile 1, 620 sf office condo. This 1st-floor, prime commercial space offers a wide range of uses, including office, retail, fitness, or light manufacturing—perfect for businesses seeking a highly visible and accessible location. Currently functioning as a pilates studio, the space is designed to accommodate various business types and includes a bathroom, ample storage, and open areas that can be tailored to suit your specific needs. Zoned as 7100 - Industrial Light Manufacturing and with a land use designation of 1118 Store: Condominium-Commercial, this unit is ideal for a variety of commercial operations. The current tenant's lease expires on August 31, 2025 offering immediate occupancy options.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,539,000
Sales Associate
William Raveis Real Estate
Phone: 860.836.8438
Courtney.Day@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.641.8287
Dave.Beckman@raveis.com
NMLS Mortgage Loan Originator ID 10930
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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Loan Amount | $1,231,200 | $1,231,200 | $1,231,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.625% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.911% | 6.764% | 6.435% |
Monthly Tax Payment | $986 | $986 | $986 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,581 | $7,884 | $10,557 |
Total Monthly Payment | $8,692 | $8,995 | $11,668 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.